Register to participate in AIM music streaming discussion
By Butchie Seroto
29 Jun 2021 - 15:39
The UK’s Association of Independent Music on Monday announced that it had opened up its How to Fix Streaming panel discussion to the public following an influx of requests to attend the session.
The free event will debate the prevailing issues around the economics of music streaming, and will be held on 1 July from 12pm CAT. It will feature several key industry experts and policymakers including former Spotify chief economist Will Page, intellectual property expert David Safir and musician and AIM CEO Paul Pacifico. The panel will be moderated by Deviate Digital founder and CEO and Music Week tech columnist Sammy Andrews.
The session will see the speakers going head-to-head on the issues, from artists’ call to apply blanket Equitable Remuneration – a system similar to the one used to pay royalties from broadcast usage of music – to AIM’s proposed Artist Growth Model.
Interested participants can sign up here.
“With 80% of streaming revenues going to just the top 1%, AIM’s Artist Growth Model seeks to counter the current winner-take-all situation, distributing earnings more evenly in the market and enabling more credible niche and emerging artists to make a sustainable living from streaming,” AIM said.
The discussion comes as the industry waits to hear the conclusions of the UK Parliament‘s Digital, Culture, Media and Sport Committee’s inquiry into the economics of music streaming, which concluded earlier this year. During the inquiry, AIM presented evidence to the committee alongside its members Beggars Group and Jazz Re:freshed, and submitted an official proposal on the Artist Growth Model.
“The results of the current debates on streaming could have huge repercussions for the future of our industry and music culture at large,” Pacifico said. “We feel that it’s important to have open, transparent and level-headed discussions on all the ideas to improve the market. The streaming economy is full of nuanced and complex issues and we hope this session will provide some food for thought and a catalyst for further ongoing discussions.”
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